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The Average Tax Refund So Far This Year Is $3,011. Here’s Why You Should Put It Into Your Retirement Plan.

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The April 15 tax-filing deadline has already come and gone, so at this point, hopefully, you have sent in your 2023 return and are awaiting your refund. As of April 5, the average tax refund issued by the IRS this filing season was $3,011.

That number could change in the coming weeks as the IRS continues to process returns. But all told, if you’re due a refund, it might be a substantial one.

Now, let’s get one thing quickly out of the way. A tax refund is not a gift from the IRS. Rather, it’s money you should have collected in your wages all along but didn’t.

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